Woodside inks LNG supply deals with Uniper

PERTH, April 17, 2025 – Woodside Energy has signed LNG sale and purchase agreements with German energy firm Uniper for the supply of 2 million tonnes per year (tpy) from its global portfolio, the company said Thursday.

Under the deal, Woodside will deliver 1 million tpy from the Louisiana LNG project and up to 1 million tpy from its global portfolio via Woodside Energy Trading Singapore.

“These agreements represent another important milestone to move Louisiana LNG towards a final investment decision,” Woodside CEO Meg O’Neill said.

“We are delighted to advance our longstanding relationship with Uniper through these milestone supply agreements. Uniper’s commitment speaks volumes about Woodside’s track record as a trusted LNG provider, built on decades of delivering reliable and flexible supply solutions for our global partners,” she said.

“Louisiana LNG is Woodside’s largest growth project. It leverages the robust US gas resource, an outstanding site, best-in-class EPC and technology partners and Woodside’s track record of successful project delivery. The addition of Atlantic Basin LNG supply to our established position in the Pacific strengthens Woodside’s portfolio and allows us to tailor contract structures based on various price indices and tenures to better meet our customers’ diverse needs,” O’Neill added.

She further noted, “As we continue to progress sell-down opportunities for Louisiana LNG, these agreements reinforce the project’s unique advantages and its economic competitiveness.”

“Uniper’s leadership in European energy markets make them an ideal counterparty, and this builds on Woodside’s existing offtake arrangements, underscoring our shared commitment to delivering value for all companies and the economies in which each operate,” she said.

“In an environment of increasing demand for dependable sources of LNG, particularly in Europe, we remain focused on delivering reliable energy supply that will benefit our partners and stakeholders for years to come.”

Uniper CEO Michael Lewis said, “We are very pleased to secure additional LNG supplies for our customers in Europe from a reliable LNG supplier like Woodside. This deal will support our security of supply and flexible generation strategy together with the potential development of additional gas-fired power plants in Germany to complement the renewable build-up. Woodside is one of our biggest LNG suppliers globally with a solid track record of deliveries of LNG to us from their existing projects.”

“With this new project in Louisiana, we are further extending the cooperation with Woodside. Long-term LNG contracts like this contribute directly to the competitiveness of European industry. Reliable and cost-effective energy supply is a cornerstone of a strong industrial base, and deals like this help ensure our customers can count on both,” he said.

The agreement includes a free-on-board supply of 1 million tpy for up to 13 years from the commercial operations date of Louisiana LNG. A second agreement with Woodside Energy Trading Singapore will supply up to 1 million tpy on a delivered ex-ship basis into Europe through to 2039. Both agreements are contingent on Woodside’s final investment decision for the three-train, 16.5 million tpy foundation development of Louisiana LNG.

Photo of Woodside’s Pluto LNG plant courtesy of Woodside Energy

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